Louis Glick Memorial & Charitable Tr is a 501(c)(3) organization based in Jackson, Michigan, registered in 1968, with $78,954 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$79K
▲ 53.6% vs prior year
Expenses (FY2024)
$53K
Net assets
$1.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louis Glick Memorial & Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louis Glick Memorial & Charitable Tr: 332 mo reserves · +33% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louis Glick Memorial & Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louis Glick Memorial & Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $126K (FY2013) to $79K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $78,954▲53.6% | $53,238▼3.0% | $1,471,259▲1.7% | $1,471,259▲1.7% | 990PF |
| 2023 | $51,400▼15.0% | $54,904▼7.7% | $1,447,244▼0.3% | $1,447,244▼0.3% | 990PF |
| 2022 | $60,472▼57.4% | $59,504▲5.0% | $1,451,067▲0.1% | $1,451,067▲0.1% | 990PF |
| 2021 | $141,802▲172% | $56,685▲23.1% | $1,450,308▲5.8% | $1,450,308▲5.8% | 990PF |
| 2020 | $52,212▼26.7% | $46,042▼22.7% | $1,370,935▲0.5% | $1,370,935▲0.5% | 990PF |
| 2019 | $71,258▲26.6% | $59,548▲17.4% | $1,363,966▲0.9% | $1,363,966▲0.9% | 990PF |
| 2018 | $56,274▲8.0% | $50,704▼5.9% | $1,352,195▲0.4% | $1,352,195▲0.4% | 990PF |
| 2017 | $52,083▲8.9% | $53,893▲11.9% | $1,346,957▼0.1% | $1,346,957▼0.1% | 990PF |
| 2016 | $47,813▼4.0% | $48,146▼7.6% | $1,348,827 | $1,348,827 | 990PF |
| 2015 | $49,791▲2.7% | $52,108▼11.4% | $1,349,272▼0.2% | $1,349,272▼0.2% | 990PF |
| 2014 | $48,476▼61.6% | $58,785▼2.6% | $1,351,642▼0.7% | $1,351,642▼0.7% | 990PF |
| 2013 | $126,110 | $60,342▲10.7% | $1,361,530▲5.0% | $1,361,530▲5.0% | 990PF |
| 2012 | — | $54,525▲17.7% | $1,296,583▼2.0% | $1,296,583▼2.0% | 990PF |
| 2011 | — | $46,335▲104% | $1,322,522▼1.3% | $1,322,522▼1.3% | 990PF |
| 2010 | — | $22,750 | $1,339,706 | $1,339,706 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Louis Glick Memorial & Charitable Tr (EIN 38-6156959) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.